Northern Dynasty Minerals Ltd (NYSEAMERICAN:NAK) has announced that it has hired two senior executives to fill leadership positions in its Pebble Project in Alaska.
The company revealed that Project Director and Senior VP of Engineering Stephen Hodgson will be the new head of the engineering and project development team. He is expected to take over all the responsibilities of the project pertaining to engineering, regulatory compliance, financial studies and project design. Hodson will be working together with James Fueg, the company’s vice president of Permitting who will be in charge of the regulatory permitting team at the Pebble Project.
Fueg will also be in charge of various aspects including liaison with federal and state agencies as well as the management of socioeconomic and environmental studies. He will also handle the active management of the project’s Environmental Impact Statement (EIS) procedure through the National Environmental Policy Act.
“I couldn’t be more pleased with the technical leadership we have assembled to finalize our permit applications and lead Pebble into and through the NEPA and EIS permitting process beginning later this year,” stated Pebble Partnership Chief Executive Tom Collier.
Collier also pointed out that James and Stephen are ideal for the positions because they have a lot of experience in Alaska. He also added that the two have gained a lot of experience while working with some of the biggest mining companies in the world. The CEO pointed out that Northern Dynasty now has a dedicated leadership team that is dedicated toward the achievement of permitting and financial success in the Pebble project.
Collier stated that it is also important that Alaskans also share in similar interests towards making sure that the project protects healthy fisheries and clean water. The mining firm hopes that its activities will not interfere with the traditional ways of the Alaskan people and it is also in the company’s interest to make sure that the region also benefits economically from the mining activities.
Northern Dynasty stock closed the latest trading session on Tuesday at $1.99 after a 2.93 percent drop compared to the value of the stock during the previous close.
